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. a controversial tax has been scrapped in france. the prime minister announced it a short while ago after meeting on the eco-tax, a law designed to cut the number of -- a tax designed to cut the number of trucks on the road. we're joined now by stephen cowell on the business desk. the government expected to reduce it, not scrapped it. >> indeed, quite a surprise. the government said they would not get rid of the tax but delaying it, perhaps changing the rates. heavy goodsx on vehicles. certain parts of the french roads. it would chart up to $.15 per kilometer under the plan am a which was due to come into force january of next year. this was conceived by the previous government and had fallen on the shoulders of shoulder.ollande's particularly from the outlying pariss, particularly like where resolve violent protests over the weekend where farmers, particularly and small businesses were worried this alreadycrease the waning margins in the wake of the financial crisis. government has made some changes to the law earlier this year. they delayed implementation credit. now talking about scrapping it
with soda they should be allowed to and not be taxed. under this proposal, this drink would cost you 64 more cents in taxes. the owner of the popular de love i in san francisco's castro district says soft drinks are 30 percent of his business. he says a tax on the drinks would hurt. >> to be honest, it would hurting our business as when people cut back in social change. >> the san francisco supervisor will start the campaign today for a tax open soda and sugar-sweetened beverages and propose the idea to the board of supervisors. >> we have taxed tobacco for a long-term. we have taxed alcohol for a long time. it is not at all out of all oute ordinary to tax products with negative side effect. >> a consulting firm has been hired by the beverage companies to fight the tax. >> they simply have the effect of raising the cost of living open working people and on small businesses. they have no material effect on the ability of people to lead healthy lifestyles. >> the firm helped defeat a soda tax across the bay in richmond and he thinks san francisco voters will respond the same. >> san francisco
it is not a fine, it is a tax. you know the government did not argue that it was a tax and even though the people challenging did not argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different than a penalty. if we speed and have a point assessed. if you are i owe a tax and think it is too much. we pay the tax first and get the money back, later. that's what will happen to individuals who will not obtain insurance coverage because obama care doesn't work and the computer system couldn't get them to the insurance carrier and the dead line passed. >> so it is line garnishing the wages. >> it is the moral equivalent, yes. if you owe the tax and don't pay it, your employer will colle
the law works is you have to take that money back in their tax refund. tax refunds matter. people plan their lives around their tax refunds. >> i understand that. >> they plan their spring breaks and their tax bills, they're going oget their tax refund taken away from them because they have signed up for a subsidy which they weren't eligible for which they didn't know. >> if you have been on the site, this is the clear instruction to the underage including 26. you're basically completing this application under penalty of perjury. it is very clear. there are help instructions on each site to explain each process. what is credible employer explanation. >> they are going to get taxed. >> time has expired. mr. lewis. >> thank you, madam administrator for being here thank you for your hard work and for your years of service. i happen to believe that health care is a right and not a privilege. it is not just for the fortunate few, but all citizens of america. now, the affordable care act is the law of the land. it was passed by the congress, signed into law by the president of the united sta
francisco. supervisor plans to introduce a measure to tax soda and other sugary benefit programs like energy drinks. the bigger the drink, the higher the tax. two cents an ounce raising $31 million a year and require the approval of two-thirds of san francisco voters. what do you think? go to facebook and join the conversation. amy hollyfield will have more on the idea coming up at 6:30. >> san francisco homeless advocates will rally at city hall today before the board supervisor votes on a proposal to close the city parks overnight. demonstrators held a sleep in last night in the mission district. they are opposed to closing parks between midnight and 5:00 a.m. to prevent vandal imbut protests say it will punish the homeless who have nowhere else to go. >> the berkeley city council will decide on an appeal brought by former tenants of a burned out apartment complex would landlord has a history of negligence. the former ten amendments of the -- tenants of thing say the owner disconnected the firearms and properly installed the water hero. it was gutted in a march 2012 >> shares of tesla moto
months. it could mean delaying the tax penalties if you don't enroll or delay could mean not doing anything on the individual mandate. how do you read that? >> republicans sense weakness. when you look at senator joe manchin of west virginia and others are pushing to enter into the obama care exchange for the individual mandate, so democrats are pushing for a delay on that front. republicans, of course, are pushing for a delay of the entire individual mandate. they would like to get inteegious on the record on those fronts. >> robert costa, thank you very much. we appreciate it, as always. >>> health and human services kathleen inte k -- kathleen sebelius is set to testify tomorrow. going back to the office of management and budget during the reagan years. chairman fred, thank you for coming on. i appreciate it. look, a very embarrassing politically devastating moment for obama, this whole business about false promises and you are not going to be able to keep at least 50% won't be able to keep their insurance plans what can you do about it, fred? what can you do about it? >> well,
. >> and would you pay extra for soda? the push for an extra tax in one bay area city. slavery, if he had to. he s- he wasn't serious, and his s f context. >> a nevada assemblyman is coming under fire for saying he would vote for slavery if he had to. he said he wasn't serious and his words were taken out of context. we dug up the video and you be the judge. >> if that is what they want, i have to hold my nose and bite my tongue. but yeah, if that is what the citizens want who elected me, that is what they elected me for. >> nevada's governor and several senators called the comment outrageous, insensitive and wrong, and they want an apology. >>> google is up to something big on the bay, we told you about their top secret project on treasure island that involves a huge barge and in an kpix5 exclusive, allen martin says there may be more. since the story last ran on friday, word has surfaced of this second stricture being built in portland, maine and possibly a third in connecticut. the director that would issue permits to google has heard of multiple vessels. >> as far as we know, this is the onl
for later shooting at that girl. >> san francisco board of supervisors meeting to vote whether to add a tax on sugary drinks. >> critics are saying this is a bad idea. abc # news has more. >> the owner of this popular deli in the castro district says soft drinks makeup 30% of his business and says a tax would hurt. >> to be honest it would be affecting us in a way, people, cut back on soft drinks. and, also, drinks. >> reporter: supervisor scott weiner will start a campaign for a tax on soda and sugar-sweetened beverages. >> we have taxed tobacco fr a long time, taxed alcohol for a long time. it's not out of the ordinary to tax products that have some negative side affects. >> reporter: also gearing up today a consulting firm that beverage companies hired to fight the tax. >> because they simply have effect of raising cost of living and have no material affect on with living a healthy life style. >> reporter: his firm helped defend a soda tax in richmond. he thinks san francisco voters will respond the same. >> i think san franciscoins have higher priorities than placing a tax on beverag
st to sign up for coverage next year. and avoid new tax penalties. today's announcement had been expected - since the white house has been promising quick action to fix the many technical problems with the website. >> getting health care in california has been relatively easy compared to what's happening nationally with "obamacare" still, moving the penalty deadline back to march 31st is a relief for californians who are on the fence about their healthcare coverage. i just got off the phone with the executive director peter lee. >> this is great, this is very clear for us to be able to do or marketing. and if you want to wait until 2014? you will not get a penalty if you sign between open enrollment. open enrollment. >> from the beginning covered california has had far fewer glitches than the national website, in fact the executive director has been on the phone with the president. >> we've had calls with the president.of millions of americans and we have had talks and he does care a lot about this working because we are changing the lives of millions of americans. >> so far cove
tax questions, call us 1-877-249-9626. we want to hear you from. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: welcome back to our special user guide to obamacare, you still have time to send in your question, 1-877-249-9626. back again with me to answer your tax related questions. rich, thank you for coming back after dinner. i appreciate that. we have a caller here wayne in north carolina. what is your question? >> two questions, when there is a discussion about total income for individuals, as far as getting offset fro
that did tax reform and revisions that had revenue. and thank goodness. it was at least fair, where the 1% were getting 45% and the bottom 99% were getting 55%. what is the configuration now? i might venture to say, mr. jeffries, that the 99% are getting zero and the top 1% may be right now at 100%. so i'm asking for the conference to go and work for america. not this configuration, but to in the 99% investment america. to be able to take the c.b.c. budget and look at some of the tax reforms that could be utilized, to look at our job creation, which would include the maintenance and repair for public transit, highways, airports, port, railroad and bridges. the houston metro would appreciate having the opportunity to expand and create work from those who would on the rail lines to those who would build the rail cars, to those who would run it. and the opportunity for people going to work to ride on it. work force development programs such as the work force investment act, programs that i've had in times -- legislation i've introduced in times of high unemployment, to gively give those une
. about anlking opportunity society, talking about low tax rates, trying to help everyone be there yes and america. coming from where i came from, it resonated a little bit. i've got 11 brothers and sisters and my dad owned a bar, i've got brothers and sisters on every rung of the economic ladder and the idea of an opportunity society is to i was. of the 1970s and ,980s, these two people especially during the 1970s, by the end of the 1970s, i was a republican -- i have a ronald reagan bumper sticker on a 1980 in the primary, sorry jeb, [laughter] in 1980 eight, i found myself in manchester, new hampshire, joe and, if you will recall and in february of 1988, a lowly state rep, business guy go to manchester, new hampshire to help my buddy jack kemp. with jackhis dinner and joanne and a bunch of these really big-time congressman. the next day, i got my assignment to go knock on doors and i was assigned to go to the city dump. i thought what the hell is this? i went to the dump because in manchester, new hampshire, you up, yout garbage picked go to the dump. i stood in the dump, called a c
to push back the original deadline. americans have until march 31st to sign up and avoid tax penalties. the website to sign up has been plagued with technical glitches. >>> it's a story that's shaken up a community on the peninsula. an alleged drunk driver killed a couple out for their evening walk. a 54-year-old woman had health issues and now will appear in court tomorrow. her brother is saying she's not the animal she's painted out to be. >> reporter: the 54-year-old woman did not appear in court today for her arraignment on two charges of vehicular manslaughter and two felony counts of driving under the influence causing bodily injury for allegedly hitting another vehicle injuring two teenagers inside. friends continued to show up. moments after judge jonathan put the issue over because she was having a medical issue. his sister has no idea what happened thursday night and doesn't believe she killed anyone. >> is she an alcoholic? >> pass. she had a mental breakdown. she's going through it. you know what i mean? whatever brought that on, she had been without drinking for 16 days. >
area city that could soon slap a tax on your soda pop. >> it is clear to me, even if it is against my own visions that's the way i want to grow. >> the lawmaker that would vote for slavery if he had to. ,,,,,,,,,,,,,, bay area car- maker's stockk a hit. but kiet do tells >>> well it's happening again. another fiery tessla crash. while investigators seem skiddish, the car's owner can't wait to get another one. >> reporter: whatever games that they have made recently went up with smoke in this fire in mexico. a passer-by captured this model giving it to the newspaper, explosion, curse words, and all. the tessla owner watched the footage for the first time offering to translate the reaction. >> reporter: the driver was drunk after crashing through two walls and hitting a tree. >> three weeks ago the very first fire was captured on video in washington state, which also sent their stock price tumbling. hitting a piece of debris puncturing the battery pack. every tessla owner said it was unsafe. >> it happens all the time. >> liz says that it runs the road okay just pine. >> they have shown
. >> we have taxed alcohol for a long-term. it is not out of the ordinary to tax products with negative side effects. california for food and beverage choice says and i quote, "such measures are unnecessary, wasteful distractions from serious policy-making." the idea is to introduce this to the board today and get it on the ballot next year so san francisco voters can vote next year. >> the story is generating a lot of talk on social media. what do you think. should sodas and sugary drinks be taxed? you can gin the conversation. >> in the north bay police are warning neighbors of a large protest today over the fatal police shooting of a teenager. a crowd of demonstrators is expected to rally in the name of children-year-old andy lopez in downtown santa rosa at noon. the funeral will take place today at 5:00 at the resurrection parish church in santa rosa. we have new information about the sonoma, sheriff deputy who shot lopez seven times after the boy flashed a realistic looking assault rifle. 48-year-old erick gelhaus is 24-year veteran of the force and firearms instructor and written
cadillac plans? >> something is happening to them now. there's going to be an exercise tax that kicks in 40% now, on any benefits, premiums paid over $10,200 for individuals, $27,500 for families. so that exize tax kicks in four years from now. employers are shifting costs to the covered people to employees like ourselves and making them pay more in anticipation of that exized tax kicking in. >> if the net cost, in other words, to the company is greater than that 10,200 or whatever it is -- >> pays 40% on top of that. >> the employer pays that. they would figure in the costs they pay to the insurer to cover me. >> that's right. >> and figure in or reduce that amount by the amount that i pay per month. >> one way to address it. >> that i pay in typical deductions. >> overall trend in the industry to shift costs to the employee. >> we know that. >> and this is exacerbating that. >> this is happening for years in the private sector. >> you know, in fairness to the administration, an effort to contain costs to make people aware of what they're paying for. >> one of these things, goes back to th
could cost you more in supervisor with a measure that will tax sodas and energy drinks and teas can chocolate milk. the bigger the drink, the higher the tax, two cents an ounce raising $31 million a year for nutrition and physical fitness programs and require approval from two-thirds of voters. amy hollyfield will have more on the idea at 5:30. we want to know what you think on facebook and their your thoughts. >> san francisco homeless advocates will rally at city hall before the board votes on a proposal to close the city parks during overnight hours. there was a sleep in last night in the mission district opposed to the plan to close all city parks between midnight and 5:00 a.m. to prevent vandalisms. protesters say it will punish the hopeless who have nowhere else to go. >> the city count meets to -- the city council meets to vote on an appeal of tenants would say the owner improperly installed a water heater before a march 1212 fire that led to displacements and injuries and lawsuits. the board narrowly approved the rebuilding project in downand the former tenants wants to make
would add a special tax to sugar benches. lillian explains what make this proposal different than another sugar tax ballot measure that failed in richmond last year. >>reporter: the idea is simpl simple. the bigger the drink the more taxes you pay. 2 cents per ounce to be exact for all sugar sweet benches. including soda. sports drink. energy drink and bottled coffe coffee. >> not a nanny state at all. we are not banning anything. >>reporter: san francisco supervisor scott weiner says the nation rising obesity rate inspired him to come up with proposal that need the approval of two-thirds of san francisco voters. >> we taxed alcohol for long time so it's not at all out of the ordinary to tax products that have some negative side effects. >>reporter: 2 cents an ounce adds up quickly. a largest 32 ounces. which means this one drink will cost an extra 64 cents. as to where all the money will go, the estimated 31 million dollars a year will good to nutrition. health. physical fitness programs. stark contrast to the failed soda tax proposal in richmond where the money instead
cost about a quarter more in san francisco. you may vote on nawr would add a special tax to sugar benches. lillian explains what make this proposal different than another sugar tax ballot measure that failed in richmond last year. >>reporter: the idea is simpl simple. the bigger the drink the more taxes you pay. 2 cents per ounce to be exact for all sugar sweet benches. including soda. sports drink. energy drink and bottled coffe coffee. >> not a nanny state at all. we are not banning anything. >>reporter: san francisco supervisor scott weiner saysthee inspired him to come up with proposal that need the approval of two-thirds of san francisco voters. >> we taxed alcohol for long time so it's not at all out of the ordinary to tax products that have some negative side effects. >>reporter: 2 cents an ounce adds up quickly. a largest 32 ounces. which means this one drink will cost an extra 64 cents. as to where all the money will go, the estimated 31 million dollars a year will good to nutrition. health. physical fitness. . stark contrast to the failed soda tax proposal in
. that's number one. number two, we need tax reform, in my view, tax reform that brings down the top corporate rates to something more closely aligned with every other developed nation in the world, and at the same time that we're doing that to generate some revenues for deficit reduction, to match what we're doing on the spending side. if you think about it, as the senator from ohio knows, the senator from west virginia knows, tax expenditures, tax breaks, tax credits, tax deductions, tax loopholes, tax gap adds up over the next ten years to anywhere from $10 trillion to $15 trillion. we're going to spend more money out of the treasury for tax expenditures than we're going to spend in all our appropriations bills combined. if we could capture 5% of $12 trillion over ten years for deficit reduction, that's $600 billion. if we could match that in like a bowles-simpson number, we could do about another $2 billion on deficit reduction on top of what we've already done. is that a grand compromise that i want and i think the senator from ohio wants and i know the senator from west virgini
drink bought if san francisco. today, a supervisor will introduce a bill slapping a tax on sugary drinks to battle oh boast. amy? >> good morning. imagine coming here to buy your soda and getting taxed for it. the idea is to tax two cents an ounce, all sugar-sweetened beverages including sports energy drinks and sodas. the supervisor was motivated by the rising oh boast rate in -- obesity rate in the country. it is estimated this will bring in $31 million a year. >> we have taxed alcohol for a long-term. it is not out of the ordinary to tax products with negative side effects. california for food and beverage choice says and i quote, "such measures are unnecessary, wasteful distractions from serious policy-making." the idea is to introduce this to the board today and get it on the ballot
will discuss a new tax on soda. scott weiner now lobbying for a 20 cent surcharge on each can or bottle sold here in the city. the money would pay for health, nutrition and activity programs for young people. >> as long as i know for sure it's definitely going towards that program and definitely going towards that cause then, yeah, i'd pay for the tax. >> sugar is terrible for you. i feel like people would stop drinking sugary soda if it was 25 cents extra. similar tax measures were defeated last year in richmond and in los angeles county town of el monte. >>> the snow is coming down. more than a foot has fallen in the highest elevation. ian schwartz with more on the season's first storm. >> a week ago we were dealing with temperatures near 80 degrees up here in the sierra but now snow are reminding drivers winter is not far off. >> weeks of sun and warmth tooshg a backseat to temperatures and snow today in the sierra. >> it was quite a change. >> scenes like this make snow junkies like jason smith sal fing. not everyone was welcoming the winter blast, though. traffic came to a crawl as i-80
will also qualify for tax credits to make the coverage even more affordable. we know that consumers are eager to purchase this coverage, and to the millions of americans who have attempted to use healthcare.gov to shop and enroll in insurance care coverage, i want to apologize to you that the website has not worked as well as it should. we know how desperately you need affordable coverage. i want to assure you that healthcare.gov can and will be fixed and we are working around the clock to deliver the shopping experience that you deserve. we are seeing improvements each week and by the end of november the experience on the site will be smooth for the vast majority of users. over the past month, millions of visited healthcare.gov to take a look at new health care coverage under the affordable care act. in that time, nearly 700,000 applications for coverage have been submitted across the nation. more than half of those are in the federal marketplace alone. this tremendous interest confirms that american people are looking for quality affordable health care coverage. we know that the c
own money , our own money generated from our property taxes and income taxes and sales taxes. and so i ask you to let congress the federalng down government has implications far beyond capitol hill to who calledand people the nation's capital home. i would ask you one other thing as you were here during the week and that is during the time you are not in these sessions, i want you to go out and the stadium and spend every new will and i'm that you have in your pocket. [laughter] ways thate of the will help to keep our economy strong as well. we hope that you have a great time here in the city. this a wonderful city and it is growing and developing by leaps and bounds. we have a population that is greater than just higher state of vermont. greater than the state of wyoming. we are gaining on the state of north dakota. i am also proud to be able to do something that i get to uniquely do and that is declare certain conditions in the district of columbia. i am proud to be able to , october 28, 2013 associationbankers today in the district of columbia. thank you very much. [applause] >> wel
is lobbying for a new tax. a 24-cent surcharge on each can or bottle of soda sold in the city. it would pay for health and nutrition programs for young people. >> yeah, as long as i know for sure it is going toward that program, and definitely going toward that cause, then yeah, i would be okay with it. >> sugar is terrible for you. i feel like people would stop drinking it if it was 25 cents extra. >> the idea needs support for the majority of supervisors. similar tax ideas were turned down in other surrounding areas. ingly don't need someone to tell me that sugar is not good for me. i don't need that. >> you can't do do it yourself. >> i need to be taxed to know. >>> if the rams beat seattle. >>> if the rams beat seattle. the 49ers will be ,, are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of th
for that one-half to get benefits and pays no taxes. why would you vote for a party that cuts taxes you don't pay? >> obama's job approval has dropped and now 44.5%, hitting a low of 41% at the height of the shutdown. what does that slippage tell you? does it tell you the g.o.p. or obama has escaped the shutdown? what it tells you, if i may say so, is they don't think he is an outstanding leader. i'm not saying he's a terrible leader, but he's not a real leader. what they do know. >> is it psychoanalysis time? >> it is far better than anybody else in the country. 44 is not bad. >> and every program he puts out, the republicans say no. immigration reform is the next one out there and the republicans say no? that's a political gift to democrats and the president. >> republicans are to blame. issue three, u.s. tax offense tango. >> we believe if pakistan is secure and peaceful and prosperous, that is not only good for pakistan, it's good for the region and it's good for the world. we work to discuss the accommodations by the corporation. broad based stable partnership founded on the prin
for the subsidy and then once we reconcile these records, they get taxed the money back off of their refund. and so this is what i mean when i say rude awakenings. people are signing up for insurance. they're getting tax credit subsidies funded by taxpayers. the irs is already telling us they're confused about how to do this. you're not telling us whether or not you're proactively determining whether, say, an under 26-year-old is actually eligible for the subsidies you're trying to sell them and the problem is once we learn whether or not they were eligible and if they weren't, people in good faith will be signing up for subsidies that they're not eligible for. >> i think you're asking a different question, which is are we doing 100% income verification on everyone. >> and subsidy eligibility verification. >> yes. so part of the question in the application process is are you depending on your parents, on your parents tax plan so that is part of the questioning that goes on and if so we move them in that direction. more importantly, part of what you're asking is the income verification, whic
, and tax it. >> terry lanni, the ceo of mgm/mirage. he says if his company could offer internet gambling, it could instantly double its $8 billion a year revenue. >> if we could add our brand and the credibility of a publicly traded united states gaming company, this could be a vast business. >> but mgm/mirage is shut out because the government says a law banning sports betting over the phone also bans all gambling on the internet. obviously, it hasn't stopped u.s. citizens from doing it, but it has stopped u.s. companies from offering it. >> the vast majority of wagers that are placed on the internet now are done offshore and illegally. and i, for one, think that to enact laws that you can't enforce makes no sense whatsoever. >> lanni and mgm/mirage set up their own offshore gambling website a few years ago, but to stay within the law, they could only accept bets from gamblers outside the u.s. >> we just didn't make any money; that was the problem. >> so you shut it down. >> we did. >> it's all very odd. >> well, no, it is odd. there's no doubt about that. i mean, there's gaming in ever
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
, the fall scout, next. >>> next, why one bay area leader wants to put a soda tax on next year's pal lot. >>> and, blown away, literally. the strong storms that swept some pedestrian off their feet. ,,,,,, >>> it was a flat day on wall street. the dow slipped a point. nasdaq drop more than three. s&p rose two points. that was enough for another record close. shares of apple dipped following the release of its earnings report. the company said it made a small profit in the fourth quarter. small because of the cost of the popular iphone. still, the all the beat wall street expectations. overall, apple stock up 25% since the last earnings report in july. >>> a delegation of european diplomats came to washingtoned to demanding answers about nsa's spy. a spanish newspaper reported the nsa monitored 60 million phone calls there in one month. germany and france were also caught up in the nsa sweep. some european leaders say they should consider allowing the u.s. to track terrorist spendening. >> i think they have to make a clear distinction between fighting terrorist but not spying on france. >
the march 31st to sign up for the coverage next year and avoid tax penalties. the announcement was expected because they have been promising quick action to solve the technical problems with people and rolling on the website. >> here is a computer problem. two of his terrtdweets was tax. hacked. this was suppose to send people to a nils article but it went to some terror attacks including 911. the attackers apparently are supporters of the syrian president and they have also hacked other accounts. >> a new mexico legislator is both seen about to do any deal theing yoga and class. they spoke with leaders and the teacher stated that she does not call led that but college stretching or networking. they stated that parents should be notified and given the option if they do not want their children to participate. on the kron4 facebook page of yours rodin, including best s dennis stated. >> this is a way of life but a religion, no. >> tell us what you think. join the conversation or you can't go on kron4.com for more on this story. >> the time is 6:23 a.m.. if you know someone, you might be
too much. about two-thirds said raising taxes to cut the deficit was a nonstarter. and compared to obamacare, which more voters actually said they wanted to repeal, these levels of support are striking. so if our friends on the other side want to keep trying to claim an electoral mandate for maintaining obamacare contradicted by the facts as that phaoeurbgs while using their own logic we had to call the mandate for reducing the size of government a super mandate. that's why their new plan to undo the cuts the president campaigned on and increase the debt is so outrageous. we hear that the senior senator from new york will soon announce a proposal to give the permanent -- give the president permanent power to borrow more. in other words, he wants to extend the debt ceiling permanently by going around congress. let me repeat that. the so-called schumer-obama plan is a plan to permanently hand the president a credit card without spending limits and without lifting a finger to address the national debt. truly outrageous, especially when you consider that our debt is now $17 trillion
act. they don't like the fees and taxes on the industry. customers.he new they are lobbying to stop some of the feed but there's a mixed of the companies in health care. >> the los angeles times put out story taking a look at the cases in insurance and some cases in headlines. they're going get pricier as the out.rolls how -- if people are taking in the health insurance companies are health hem in, insurance companies changing how the policies for members because affordable care act. >> let's talk about something hat's happening to hundreds of thousands of people in small groups and individual markets. they currently have policies hat might no offer the same comprehensiveness of coverage that the affordable care act has. essential health care.its, majority they're getting notices from the insurers that they will not meet the standard starting january 1. this is the story too. my colleagues broke. it's gotten a lot of attention the press this week. what's happening is insurers are reaching out to those policy coveragend saying this is no longer adequate. you can enroll in a different
for young people. >> i vote for the tax, yeah. as long as i know for sure it's definitely going toward that program and definitely going toward that cause then, yeah, i'd pay for the tax. >> sugar is terrible for you and everyone drinks sugar all the time. i feel like people would stop drinking sugar y sodas if they were 24 cents extra. >> the idea would need support from the majority of supervisors to get on the ballot. similar measures were defeetd last year. >>> and protesters plan a rally today against another one of scott weiner's proposals. this time, the supervisor wants san francisco parks to close between mid niethd and 5:00 a.m.. the idea is to stop vandalism and theft. protesters say the plan targets homeless people. today's rally will be at noontime at city hal. >>> celebrity chef guy fierri took the stand against bay area teen accused of stealing his lam boar gee knee. max is accused of repealing into a san francisco car dealership in 2011 and stealing the $200,000 car to impress a girl. fieri spent five minutes on the stand yesterday telling the court he never gave permis
, coming up. >>> imagine paying your taxes by the mile. the government charging you based on how far you drive. the new proposal. we'll tell you about it. who? not so much. my customers can shop around. but it doesn't usually work that way with health care. with unitedhealthcare, i get information on quality rated doctors, treatment options and cost estimates, so we can make better health decisions. that's health in numbers. unitedhealthcare. #%tiaintroducing cardioviva: the first probiotic to help maintain healthy cholesterol levels without a prescription. cardioviva. >>> time now for a political gut check of the morning. the white house is reviewing all u.s. surveillance programs after reports national security agency was spying on some 35 world leaders and the top senator on the senate intelligence committee says he is totally opposed to that surveillance and that data collection will not continue. cnn's chief national correspondent john king is here to talk more about all of this. it's pretty interesting where things have gotten with this spying controversy, john. the white house is
diamond thought it might be. the only way this settlement could get sweeter is it if it was tax deductible. >> it could be down to $9 billion. >> because the majority of deal is expected to be tax deductible. >> son of a bitch n. this confirms what i said settlements for malfeasance and donations do breast cancer charities are equal in the eyes of the law. the passion and drive from so many cnbc and financial analysts goes solely in one direction and not in the direction you normally associate with journalism. here is maria reacting. >> i think any time you are looking at the greatest fine in wall street regulation it's worth asking should this guy stay in his job. >> the company continues to churn out tens of billions in earning and hundreds of billions in revenue, how do you criticize that? >> jon: because profit is the only way we judge things. only at cnbc is breaking bad the story how one man through hard work and bad business practices sloally insulates himself from criticism watch as they suggest there may be other ways of looking at morgan chase. >> a lot of earnings and \revenue/r
. >> no. neil: really. it is only be addressed by raising taxes. >> not just raising taxes on the rich, you began with ron at reagan, my mom would be motor fid. -- she voted for ronald reagan once. >> what happened to you? >> what happened to the republican party is the real question. the people in congress that mercedes is referring to. neil: ronald reagan said, government is not solution to the problem, it is the problem. i am wondering when the leaders, prominently the democratic party, said the spending well has run dry, we have to raise taxes, i get worried that is all i'm saying. >> i hope, it is an election year, we're looking at here, if they could look at slowing down the increase of the cost of living for social security, look at -- >> would you be open to that. >> and you know there is a chance there could be an elimination of certain tax cre. neil: a grand bargain. >> would she be willing to raise the minimum wage. neil: where does that come from? >> you need businesses. >> there you go again. a horrible impression. i want to thank you, we'll see the debate ensues great jo
cutting taxes, talking about growing the economy, but not reaching to of the folks of middle-class, marking -- working men and women. it is like the republican party has written another class exists >> i certainly agree in terms of making that contact with working families. the biggest jealous families face a virginia is economic opporunity, jobs. there are enormous loss of virginia verbal of leisurely judge of the members because there have been unemployed so long three they're focused on that. a big difference. i can explain my plan to grow jobs and cut taxes. he is proposing more government spending. $1,700 more per family. other than zero in this month on obamacare. there is a stark difference also. once again come his approach is bigger government and-smaller government. was the first of five obamacare. lou: you were the first one to sue on obamacare. >> right. lou: at the same time, is that an issue for virginia voters? we look at these numbers. we're talking about, you know, roughly 10 percent of the folks that are going to the polls, federal workers or their families.
that americans get affordable care without all these regulations, mandates, taxes and there are ways that we can do it. what we are seeing with this healthcare law and so much attention is to the web site. the web site is really just the tip of the iceberg, there are big problems coming with this, greta. >> should secretary sebelius step down or get fired. >> the president gets to make that decision. >> what do you think. >> i have called for her resignation. i think when jon stuart and "saturday night live" are making fun of the job that you are doing and the web site, what that speaks to is the fact that young americans are laughing at the secretary and the web site. these are the people that the president is trying to coerce into buying insurance that is more expensive and more insurance that they want or need and in many cases can afford. that's the only way that you pay for the insurance for these older, sicker indivi younger people buy it. >> at this point though what would be achieved by that if she were, you know, if the president said you have got to go or she decided to go. what would
is also a very interesting idea to consider. put a little box in your car and pay taxes only on how many miles you drive, not on how much gas you pump or how much gas you use. the people behind this idea say it would mean the end of the gas tax and that you would be rewarded for driving less, but could it also mean an invasion of privacy? who is up? who is down some swho a winner if this actually takes place but one idea that one state is testing out and we will talk about it. >> look forward to hearing about it. >> of course. >>> it is time for your morning rhyme. our tweet of the day comes from? >> rich chosen one. that is his name. rich chosen one. he writes halloween's frights kept me up all the time but it's all right because i have "early start" in my sight. multiple use of the rhyme there. you can come up with your own any time you want. tweet us with the addresses and we appreciate it. >>> coming up next, a remarkable story. >> right now, more than ever, there seems to be a lot of hope and optimism. >> the american trying to lead iran to glory on a soccer field. we are live in te
or medicaid reform even tax reform. those things are not going to happen for the reasons we just described. getting a number to fund through 2014 and avoiding kind of the harsh realities of sequestration would be good goals according to republicans and even some democrats. >> you know, ryan, i kind of think getting rid of sequestration, even if it means no revenue, might be a good deal. the assumption has always been republicans would be hurt so badly by defense cuts we can extract something. rand paul doesn't care about the defense cuts. why don't we jettison some of the crap, speaking about defense cuts. he wants more defense cuts. the idea this is somehow leveraged is maybe not that accurate. if you can unwind sequestration or put in a better bargain, if you will, and not get revenue, it still might be a good deal for democrats at this point. >> not a good bargain for the tea party. if you want to look for a sign of how much less power the tea party has now, look at what tom cole said, both sides won. he said more revenue, higher taxes, if they can do away with sequester, which is more
league would generate about $91 million in addition tax revenue every year, that's not a lot of money but consider this, $1 billion, that's the amount taxpayers pay to subsidize the nfl every year for new stadiums and other costs. at least that's by the calculation of author greg easter brook, greg has written a new book called the king of sports, football's impact on america and he joins me now. greg, good to see you, thank you for being with us. this is isn't attack on everybody but some people have to pay it. one example you site is the indianapolis colts whose stadium was 100 percent paid by tax payers. tell me what the problem is here. >> well, it's -- the stadium is entirely taxpayer funded, and the bill an area owner family, the irsay family keeps nearly all the remembe revenue generaln that stadium. they could have paid for the stadium themselves. why should taxpayers funds the construction of stadiums that the nfl uses entirely for its own private profit there are on in many other cities? chicago should taxpayers ever fund a private profit-making facility. >> in miami the vot
. for individual retirement accounts, i.r.a.'s, under the tax code. today retirees are more likely to rely on 401k's and i.r.a.'s and are less likely to have defined benefit plans from their employers. at the same time, the natural products have become increasingly complex. because the rules governing the rights of investors and the responsibilities of advisors are more than 35 years old, d.o.l. is attempting to modernize these rules and -- in order to reflect the changing nature of the retirement marketplace. given these realities it is necessary for the department to make sure that the professionals offering retirement advice have a duty to put their clients' interests first before their own or at very least tell their customers that they may be conflicting. at the same time the s.e.c. is considering moving forward on a rule making that would impose a uniform fiduciary standard of conduct for broker dealers and investment advisors, consistent with the dodd-frank act. this would ensure that whatever the business model, if an individual is providing personalized investment advice out securities to
more to cut spending in the next debt deal. this includes comprehensive tax reform to make our tax code less burdensome and changes to our entitlement programs to ensure that they are working as they should for future generations. american families know that they cannot spend limitlessly and never pay their bills. our federal government should not be any different and it's time to break our bad spending habits. mr. speaker, i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentlelady from california seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentlelady from california is recognized for one minute. ms. hahn: thank you, mr. speaker. the affordable care act is more than a website, it's affordable quality health insurance made available to everyone. and what my friend on the other side of the aisle like to keep talking about bad stories, there's some good stories about the affordable care act and i have one of them. it's sara and joe, parents o
'm assuming, as i pay my taxes, that they're listening to everybody. >> yes, i hope so. and who is that lady that -- >> what they're not doing, i'm assuming, is taking notes. i think where we went wrong with the u.s. administration, joe, they wrote it down that they were listen to go angela merkel. >> that's what happens. who's that lady that tells daniel craig what to do? >> m. >> she knows, right? >> yes. i'm just trying to get this straight. the germans, they're rich. the germany at this point is -- it reminds me of cas casablanca. germany has not earned its spying outrage with all of their arms dealings and all the -- anyway, we get involved in everything over here, ross. >> there was a report yesterday, annette talked about it out of frankfurt. there was one report in the german press that said it may -- because of hangovers from the laws post the war, it may not be illegal for the u.s. to spy on the -- to listen in on the german fwoft. so there is some debate about whether the u.s. has broken any german law whatsoever. >> right. anytime you guys want you to stop funding nato and protec
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